Daily business briefing: Tribune to split broadcasting and publishing businesses

July 10, 2013 

The Tribune Co. plans to split its broadcasting and publishing businesses into two companies.

Earlier this month, the Chicago-based company announced plans to buy Local TV Holdings and its 19 television stations, including KTVI Channel 2 in St. Louis, for $2.73 billion. Tribune owns 23 TV stations and cable network WGN America, along with the Chicago Tribune, Los Angeles Times and other newspapers. Find out more at http://www.bnd.com/business. ...

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The Crestwood Court mall is closing. The St. Louis Business Journal cites a St. Louis Post-Dispatch report that the mall, the oldest in the St. Louis area, will close after business Wednesday night. Read more at http:/www.bizjournals.com/st.louis. ...

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Corn prices were up more than 4 percent Tuesday, rising 21.25 cents to $5.2175 per bushel. Wheat rose more than 2 percent, up 14.5 cents to $6.775 per bushel. Soybeans were up almost 2 percent, rising 24 cents to $12.7625 per bushel. Find out more at http://www.bnd.com/business. ...

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Boeing's stock climbed 35 percent during the first six months of the year amid ongoing delays of its Dreamliner aircraft, Crain's Chicago Business reports. Learn more at http://www.chicagobusiness.com.

-- Will Buss, BND business writer

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